Tag: Net Zero Asset Managers

Net Zero Asset Managers Initiative Relaunches with Global Investor Backing and Updated Commitment

Stuart Mitchell

The Net Zero Asset Managers (NZAM) initiative has announced its official relaunch, with more than 250 asset managers signed on to the updated Commitment Statement. The strong investor backing for NZAM signals that asset managers around the world continue to recognise and take steps to address climate-related financial risks and opportunities.  NZAM provides asset managers with a platform to publicly disclose their individual net zero commitments and implementation approaches. Signatories independently set targets, develop their own strategies, and report annually on progress.  “Asset managers participating in NZAM send a strong signal to clients, regulators, and other key…

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Net Zero Asset Managers initiative announces 41 new signatories, with sector seeing ‘net zero tipping point’

Stuart Mitchell

41 leading asset managers, representing USD$6.8 trillion in assets, have joined the Net Zero Asset Managers initiative. Among other steps, this will see the investors work with clients to reach net zero emissions alignment across their portfolios by 2050 or sooner and set interim 2030 emissions reduction targets. The additional signatories mean a total 128 investors, collectively managing $43 trillion in assets, are now part of the initiative. The asset managers joining the initiative today include Amundi, Sumitomo Mitsui Trust Asset Management, Franklin Templeton, MFS Investment Management, HSBC Asset Management…

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